Mr. Chris Williams reports

CWB TO ANNOUNCE SECOND QUARTER 2023 RESULTS ON MAY 26, 2023

Canadian Western Bank will release its second quarter 2023 results on May 26, 2023, at approximately 7 a.m. Eastern Time (ET) and CWB management will host a conference call with analysts on the same day at 10 a.m. ET. A copy of the news release, supplemental financial results and conference call presentation will be available in the investor relations section of the company's website.

Analyst conference call (dial-in)

Number:  416-764-8688 (Toronto)/1-888-390-0546 (toll-free)

Conference ID:  07376453

Conference call replay

Available until 11:59 p.m. ET on Friday, June 2, 2023

Number:  416-764-8677 (Toronto)/1-888-390-0541 (toll-free)

Passcode:  376453 followed by the pound key

Analysts who would like to pose questions and who have not been previously prequalified should call Chris Williams, AVP, investor relations, at 780-508-8229.

About Canadian Western Bank

CWB Financial Group (CWB) is the only full-service bank in Canada with a strategic focus to meet the unique financial needs of businesses and their owners. It provides its nationwide clients with full-service business and personal banking, specialized financing, comprehensive wealth management offerings, and trust services. Clients choose CWB for a differentiated level of service through specialized expertise, customized solutions and faster response times relative to the competition. Its people take the time to understand its clients and their business, and work as a united team to provide holistic solutions and advice.

As a public company on the Toronto Stock Exchange (TSX), CWB trades under the symbols CWB (common shares), CWB.PR.B (Series 5 preferred shares) and CWB.PR.D (Series 9 preferred shares). The bank is firmly committed to the responsible creation of value for all its stakeholders and its approach to sustainability will support its continued success.